185 Deerfield Road Unit 311, Newmarket

Price: $519,000

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: N13237116

Rare 963 sqft unit at The Davis Residences, where modern design, sustainable living, and exceptional convenience come together in the heart of Central Newmarket. This bright and beautifully appointed 2-bedroom, 2-bathroom suite offers a functional open-concept layout with desirable northwest exposure, filling the space with natural light through expansive picture windows. Featuring 9-foot ceilings, stylish flooring, quartz countertops, sleek cabinetry, stainless steel appliances, and a full-size stacked washer and dryer, this turnkey unit is designed for comfortable everyday living. The bright modern kitchen overlooks the spacious living and dining area, creating the perfect setting for entertaining family and friends. The thoughtfully designed layout offers excellent privacy, with a primary bedroom featuring a generous closet and contemporary ensuite, while the second bedroom is ideal for guests, family members, or a home office. Residents of The Davis enjoy access to curated amenities, including a stunning rooftop terrace, party room, games room, visitor parking, and beautifully maintained common areas. An included parking space adds everyday convenience. Ideally situated just steps to the Newmarket GO Station, Historic Main Street, Fairy Lake, YRT/Viva transit, Southlake Regional Health Centre, parks, trails, restaurants, shopping, and everyday amenities, this location offers unparalleled accessibility. Enjoy easy access to Upper Canada Mall, schools, recreation facilities, and Highway 404 or 400 for effortless commuting throughout the GTA. Whether you're a first-time buyer, downsizer, investor, or professional seeking a low-maintenance lifestyle, this exceptional suite offers the perfect combination of comfort, style, and location in one of Newmarket's most sought-after condominium communities.

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active
New Listing
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$519,000 - 185 Deerfield Road Unit 311, Newmarket

Condo for Sale in Newmarket

New — Listed 5 days ago
2Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
N13237116
Property Type
Condo
Status
active
Days on Site
5
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Newmarket
Locker
None
Exposure
North West
Balcony
Open
Listing Brokerage
RE/MAX REALTRON TURNKEY REALTY
Description

Rare 963 sqft unit at The Davis Residences, where modern design, sustainable living, and exceptional convenience come together in the heart of Central Newmarket. This bright and beautifully appointed 2-bedroom, 2-bathroom suite offers a functional open-concept layout with desirable northwest exposure, filling the space with natural light through expansive picture windows. Featuring 9-foot ceilings, stylish flooring, quartz countertops, sleek cabinetry, stainless steel appliances, and a full-size stacked washer and dryer, this turnkey unit is designed for comfortable everyday living. The bright modern kitchen overlooks the spacious living and dining area, creating the perfect setting for entertaining family and friends. The thoughtfully designed layout offers excellent privacy, with a primary bedroom featuring a generous closet and contemporary ensuite, while the second bedroom is ideal for guests, family members, or a home office. Residents of The Davis enjoy access to curated amenities, including a stunning rooftop terrace, party room, games room, visitor parking, and beautifully maintained common areas. An included parking space adds everyday convenience. Ideally situated just steps to the Newmarket GO Station, Historic Main Street, Fairy Lake, YRT/Viva transit, Southlake Regional Health Centre, parks, trails, restaurants, shopping, and everyday amenities, this location offers unparalleled accessibility. Enjoy easy access to Upper Canada Mall, schools, recreation facilities, and Highway 404 or 400 for effortless commuting throughout the GTA. Whether you're a first-time buyer, downsizer, investor, or professional seeking a low-maintenance lifestyle, this exceptional suite offers the perfect combination of comfort, style, and location in one of Newmarket's most sought-after condominium communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,662.74/mo

Includes CMHC insurance ($14,480)

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5-yr fixed avg.

Principal: $467,100Interest: $317,242
Mortgage Amount$481,580
Total Interest$317,242
Est. Property Tax$368/mo
Total Cost$798,822

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Newmarket

Discover Newmarket

Newmarket is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Newmarket

  • Convenient location in Newmarket
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Newmarket offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

185 Deerfield Road Unit 311, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$368
Insurance (est.)-$108
Net Cash Flow+$1,219

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $577/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Newmarket's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Investment Perspective

Looking at this as an investment: Newmarket properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    185 Deerfield Road Unit 311, Ne… — $519,000 | Battaglia Team